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Author Question: A multiplant firm has equated marginal costs at each plant. By doing this A) profits are ... (Read 63 times)

ishan

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on: Jul 1, 2018
A multiplant firm has equated marginal costs at each plant. By doing this
 
  A) profits are maximized.
  B) costs are minimized given the level of output.
  C) revenues are maximized given the level of output.
  D) none of the above

Question 2

The potential for redistribution cannot be exaggerated.
 
  Indicate whether the statement is true or false


mk6555

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

F


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